Music industry

China’s music streaming market is remarkable on several fronts, including the vast size of the market, the high percentage of use of mobile devices for music, high smartphone penetration, prevalent mobile cell coverage (in urban areas), and aggressive government funding for an upgraded and expanded mobile broadband; claiming over one billion 4G subscriptions.

The narrative around the anticipated massive disruption in the music industry, given the promise of blockchain technology, is rooted in change that could revolutionize areas from the tracking of royalty payments to the rise of completely new gatekeepers in the arena.

With the music business in a constant state of tumultuous evolution, 2019 is shaping up to be a wild year for the industry. Here we look at five major developments we're likely to see unfolding in the coming months.

What if you could choose the soundtrack to your favorite film or TV show? Or what if a movie on a streaming service could personalize its soundtrack algorithmically to your tastes – and monitor your consumption behavior to inform future curation?

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